Steve's World BlogInformation and articles on cities, towns and villages around the world.

October 20, 2017

Hire an Accountant – When you first start in business it is tempting to do all your own accounts and financial stuff. You probably think that you are saving yourself money by not hiring an accountant to tackle this job for you. However, the time you spend actually doing this and re-checking everything because you didn’t really know what you were doing in the first place, would be better spent getting on with your normal work and earning more money to pay for someone professional to do it. It is an accepted fact that a decent accountant will save you the equivalent of his fees in tax breaks, so he will not actually cost you anything. So if you spend your time earning instead of accounting, you should end up twice as well off and also know that the taxman will not come chasing after you because you did something wrong. So get yourself a good accountant and concentrate on doing stuff that you are good at.